1-bed · 804 sqftSilverene Tower B, Dubai Marina · 3rd floor · completed 2011

305, Silverene Tower B

Sold prices and rental history: sold 3 times, last in February 2013, and rented once, from May 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 873K11 February 2013
Current rentAED 144K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Silverene Tower B

What is 305 worth today?

Last sold for AED 873,000 in 2013

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1 May 2018RentedNew contract
AED 144,394/yr6 months · AED 179 per sqft
11 Feb 2013SoldReady
AED 873,000AED 1,086 per sqft
27 Sep 2010SoldOff-plan
AED 841,000AED 1,046 per sqft
3 May 2007Sold by developerOff-plan
AED 873,000AED 1,086 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
3rd of 25
Parking
B2-51
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 17,900 /yr
Last sold
AED 873K · February 2013

About 305, Silverene Tower B

305 is a one-bedroom apartment of 804 sqft on the 3rd floor of Silverene Tower B, a 25-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. It last sold on 11 February 2013 for AED 873,000, or AED 1,086 per sqft, 11% below the AED 1,225 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2018. The current contract, signed on 1 May 2018, is AED 144,394 a year: a gross yield of 16.5% on the 2013 price, before the service charge of about AED 17,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Silverene Tower B
1M1.5M2M20072012201720222027Typical sale price by year: 2007 AED 873,000; 2008 AED 750,000; 2009 AED 801,000; 2010 AED 841,000; 2011 AED 810,500; 2012 AED 846,000; 2013 AED 873,000; 2014 AED 1,450,000; 2015 AED 1,402,500; 2016 AED 1,600,000; 2017 AED 1,410,000; 2018 AED 1,435,000; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,275,000; 2022 AED 1,350,000; 2023 AED 1,500,000; 2024 AED 1,635,000; 2025 AED 1,840,000; 2026 AED 1,600,000Sold by developer, May 2007: AED 873,000 (AED 1,086 per sqft)Sold, September 2010: AED 841,000 (AED 1,046 per sqft)Sold, February 2013: AED 873,000 (AED 1,086 per sqft)

305 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, each contractTypical one-bed in Silverene Tower B
100K150K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 97,375; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 86,250; 2020 AED 80,000; 2021 AED 74,000; 2022 AED 82,000; 2023 AED 99,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, May 2018: AED 144,394 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silverene Tower B, and where 305 sits

All 176 1-beds →

305 last sold in February 2013 at AED 1,086 per sqft, 11% below what one-beds in Silverene Tower B were fetching at the time (AED 1,225). Over the last 12 months one-beds sold for AED 1,230,000 to 2,275,000, around AED 2,326 per sqft, and rent for AED 25,000 to 170,000 a year. 305's AED 144,394 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,750,000
6 Oct 20261,600,000
5 Oct 20261,600,000
25 Sep 20261,775,000
13 1-bed sales in the last 12 months

Silverene Tower B

Building

316 apartments, studios to 3-bed over 25 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 23 sold in the last 12 months.

Typical price per sqft
AED 2,444 Down 1.2%
Typical sale
AED 1.55M
Typical rent
AED 100K /yr
Typical yield
5.9%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 316 units in Silverene Tower B
Value
3012-bedAED 1.75M · May 2013
3021-bedAED 1.85M · Feb 2024
3031-bedAED 1.62M · Mar 2024
3041-bedAED 675K · Dec 2012
306StudioAED 495K · Apr 2013
307StudioAED 1.17M · Jun 2014
308StudioAED 1.34M · Jan 2016
1–7 of 11

305, Silverene Tower B in numbers

  • Sold 3 times: first on 3 May 2007 for AED 873,000, last on 11 February 2013 for AED 873,000 (AED 1,086 per sqft).
  • Rented since May 2018 on one Ejari contract, at AED 144,394 a year.
  • At AED 144,394 a year the gross yield on the 2013 price is 16.5%, before a service charge of about AED 17,900 a year (AED 22.32 per sqft).
  • One-beds in Silverene Tower B sold for AED 1,230,000–2,275,000 in the 12 months to November 2026; the building's median across all types is AED 2,444 per sqft.

Source: Dubai Land Department. Updated 1 May 2018.

Questions about 305, Silverene Tower B

What did unit 305 last sell for?

AED 873,000 on 11 February 2013: AED 1,086 per sqft for 804 sqft. The unit has 3 registered sales; the first was AED 873,000 in May 2007.

What is the rent for unit 305?

AED 144,394 a year on the contract signed on 1 May 2018.

How big is unit 305?

804 sqft (74.7 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2011.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silverene Tower B sold for AED 1,230,000 to 2,275,000 in the last 12 months, around AED 2,326 per sqft.

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Mortgage on 305, Silverene Tower B

Starts from the last sale price (AED 873K, 11 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 873,000
Deposit, UAE resident (20%)
AED 174,600
Deposit, non-resident (40%)
AED 349,200
Monthly over 25 years at 3.7%
AED 3,572

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →